[Nikkei Stock Average and TOPIX (Table)]
The Nikkei average is 35,805.82, down 585.65 points.
TOPIX is 2,553.66, down 43.76 points.
[Sector]: Mining, insurance, banking, transportation equipment, wholesale trade, etc. are the top decliners, while pharmaceuticals, precision instruments, and electric and gas industries rose. The turnover of the Tokyo Stock Exchange Prime includes Laser Tech <6920>, Mirrors HD <8897>, Kawasaki Shipbuilding <9107>, Dai-ichi Life HD <8750>, Recruit HD <6098>, Marubeni <8002>, Mitsui & Co. <8031>, Honda <7267>, SMC <6273>, INPEX <1605>, Nissan Motor <7201>, and Nomura <8604>, all of which fell. Meanwhile, Nitori Holdings <9843>, Rakuten Group <4755>, and Daiichi Sankyo <4568>, among others, have risen.
On September 9th, the Nikkei average started a significant decline for 5 business days, closing at 35,805.82, down 585.65 yen from the previous week. In the U.S. market on the 6th, the Dow Jones Industrial Average closed at 40,345.41, down 410.34 points, and the Nasdaq closed at 16,690.83, down 436.83 points.
Although it opened slightly higher due to mixed results in the August employment statistics, the market turned downward due to downward revisions in employment figures for the past two months, spreading concerns about the labor market and economic slowdown. The Nasdaq also fell due to the influence of semiconductor stocks such as Nvidia (NVDA). Federal Reserve Board member Waller mentioned the need for policy adjustments following the employment statistics and expressed support for significant interest rate cuts, which further increased caution and led to an expanded decline towards the end of the day.
The Chicago Nikkei 225 futures settlement price was 35,255 yen, a decrease of 1,105 yen compared to Osaka. Today's Nikkei average started with selling pressure, starting from the adjustment to the Chicago futures. The market continued to decline, breaking below the psychological level of 36,000 yen.
In the top trading value on the Tokyo Stock Exchange Prime Market, major stocks such as Toyo Elec, SMFG, Mitsubishi Heavy Industries, MUFG, SoftBank Group, LaserTech, Toyota Motor, Disco, First Retail Holdings, Advantest, etc. are generally declining. In terms of sectors, insurance, mining, and electric appliances are among the top decliners.